What's News in Pleasant Prairie, Wisconsin

Dark Store Legislation
ASSESSOR/REAL ESTATE ANALYST ROCCO VITA TESTIFYING IN SUPPORT OF PROPERTY TAX FAIRNESS

June 29, 2017 - Rocco Vita, Assessor/Real Estate Analyst for the Village of Pleasant Prairie, is testifying today in support of legislation that would close the Dark Store Loophole and bring fairness back to the property tax system. The Village of Pleasant Prairie is joining city, village and county leaders from across Wisconsin who share concern about a potential shift in property taxes to residential property owners as well as most other taxpayers if the proposed legislation is not enacted.

"This proposed legislation is an important step to bringing fairness back to Wisconsin's property tax process in communities throughout Wisconsin," stated Vita. "These proposals are intended to stop the continued property tax shift from nationally owned or operated commercial properties to everyone else. Without this legislation, residential property owners, locally owned businesses, and manufacturers will pay an even larger portion of the total property tax."

According to the non-partisan Legislative Fiscal Bureau, residential property taxpayers pay 68% of the property tax statewide. Without this legislation, homeowners and most other taxpayers will pick up more of the property tax burden as large, national retailers take advantage of the loophole.

The Assembly Ways and Means Committee will hear testimony on Assembly Bill 386, the Dark Store Bill, and on Assembly Bill 387, reversing the Walgreens v. City of Madison decision. Both bills close loopholes that some large retailers have been taking advantage of to significantly lower their property tax assessments. State Representative Rob Brooks, (R-Saukville) is the Assembly author of both bills. Senator Duey Stroebel (R-Saukville) is the Senate author of the Dark Store bill and Senator Roger Roth (R-Appleton) is the author of the Walgreens reversal bill.

2017

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